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10-27-2009 1:30 PM
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"The data is eye-opening and quite troubling - athletic expenditures are rising three or four times faster than academic budgets," said William "Brit" Kirwan, chancellor of the University System of Maryland. He's co-chairman of the Knight Commission, which on Monday released a survey of university presidents' views on the cost of programs in the Football Bowl Subdivision, the nation's 120 top college football teams.

"We're painfully aware of the global fiscal implosion and the impact it's having on academic institutions," Kirwan said. "As a result, 75 percent of presidents say we can't continue on this path."…

The last time the athletes ran up a multiyear debt - owing the university $31.4 million by 2007 - the bill was forgiven, according to a written explanation of Cal's athletics budget and policies prepared in response to questions from the faculty.
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